Sometimes the simplest ideas are the best. I'm not here for excitement.
Pending order below 0.985 round number (previous wick)
Will take profits 1/2 at previous low (1.9 RRR) and 1/2 at fibo resistance (will wait for a confirmation from price action, estimated 161.8 and 3.5 RRR)
Peace out

A relatively small RRR, but also I think a safe entry ~80% possibility. Target is only 38.2 Fibs, which is the most pessimistic possibility.
THIS WAS WAVE 1 of a new trend, so I don't rule out the possibility of the correction reaching 112.8 (61.8) or even 112.33 (76.4) correction, so I would swing a part of the position if I see a sharp dip downards.

Wave 1 of the last 5 completed. Waiting for some retracement (possibly to 0.72) until continuing downward
Target 1 is 0.704 (Wave 5 may fail to reach new lows due to the trendline being broken) - 70% possibility
Target 2 is 138.2% Fib or 0.7 (round number) - 30% possibility.

Entry is now. There is presence of strong resistance on the lower side of the big channel. Today we have a second attempt to break, failed.
On classic Technical Analysis, this is considered a flag, confirming a target of 261.8 FIB target, also going to the upper band.
Elliott Wave analysis also confirms this as a Zig Zag and a completed minor wave 2 out of 5 of ...

A new opportunity on the 5-minute chart - the reason I closed this deal resulted in a triangle
I re-opened a new position with a very tight stop, and a further away target. Deal details:
Buy stop @ 1351.09 SL 1347.12 TP 1378.43 RR: 6:89 :)